Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 29, 2013

Changes in Accumulated OCI by Component, Net of Tax

The changes in Accumulated OCI by component, net of tax, for the second quarter of 2013 are as follows:


(Amounts in millions)	Foreign Currency Translation		Cash Flow Hedges		Defined Benefit Pension and Postretirement Plans		Total
Balance as of March 30, 2013	$	101.5	$	1.6	$	(249.6)	$	(146.5)
Other comprehensive income before reclassifications		(16.0)		–		–		(16.0)
Amounts reclassified from Accumulated OCI		–		(0.1)		6.7		6.6

Net other comprehensive income (loss)		(16.0)		(0.1)		6.7		(9.4)

Balance as of June 29, 2013	$	85.5	$	1.5	$	(242.9)	$	(155.9)

The changes in Accumulated OCI by component, net of tax, for the first six months of 2013 are as follows:
(Amounts in millions)	Foreign Currency Translation		Cash Flow Hedges		Defined Benefit Pension and Postretirement Plans		Total
Balance as of December 29, 2012	$	129.7	$	1.7	$	(255.6)	$	(124.2)
Other comprehensive income before reclassifications		(44.2)		–		–		(44.2)
Amounts reclassified from Accumulated OCI		–		(0.2)		12.7		12.5

Net other comprehensive income (loss)		(44.2)		(0.2)		12.7		(31.7)

Balance as of June 29, 2013	$	85.5	$	1.5	$	(242.9)	$	(155.9)

Reclassifications Out of Accumulated OCI

The reclassifications out of Accumulated OCI for the three and six month periods ended June 29, 2013, are as follows:


Details about Accumulated OCI Components	Amount Reclassified from Accumulated OCI				Statement of Earnings Presentation
	Three Months Ended June 29, 2013		Six Months Ended June 29, 2013
(Amounts in millions)
Gains on cash flow hedges:
Treasury locks	$	0.1	$	0.2	Interest expense
		–		–	Income tax expense

		0.1		0.2	Net of tax

Amortization of defined benefit pension and postretirement plan items:
Prior service cost and unrecognized loss		(10.8)		(20.3)	See footnote below*
		4.1		7.6	Income tax expense

		(6.7)		(12.7)	Net of tax

Total reclassifications for the period	$	(6.6)	$	(12.5)	Net of tax

* These Accumulated OCI components are included in the computation of net periodic pension and postretirement cost. See Notes 10 and 11 for more information.